Kenneth Research recently added a report on the Polymer Emulsion Market which provides an in-depth analysis of the market scenario based on the market size and the compound annual growth rate (CAGR) of the market over the forecast period, i.e., 2022-2031. The European Chemical Industry Council, in one of its statistics, stated that Europe is the second-largest producer of chemicals globally and is further predicted to observe a significant growth in the coming years.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical/Energy industries, creating a huge demand for Polymer Emulsion Market products.
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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.
Polymer Emulsion Market is valued approximately at USD 28.9 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.6% over the forecast period 2019-2026. Emulsion polymer is a colloidal dispersion of discrete polymer particles in water with a particle diameter of 0.01-1.0 microns. Various types of polymer which are used polymerization are acrylates, styrene-butadiene copolymers, acrylonitrile-butadiene copolymers, and ethylene-vinyl acetate. Emulsion polymers find its applications in various industry verticals such as adhesives, inks, paints, coatings, and drug delivery system along with many others. The most common type of emulsion polymer is polyvinyl acetate which has a significant impact on various industries which includes adhesives, paints, and coatings. The rising number of industrial applications of emulsion polymer in paints, coatings, paper, and textile tends to drive the market share of polymer emulsion. Emulsion based paintings and coatings are flame resistant which provides safety to the structure. Growing manufacturer and consumer awareness in regard to the adverse effects of volatile organic compound (VOC) emissions present in most solvent-based products along with the government stringent regulations towards the effects of VOC on the environment has led to the increasing demand for polymer emulsion. The growing consumer preference for the construction of green buildings along with the rising construction activities in the emerging economies has made emulsion polymer the preferred solution among contractors and service providers. The increasing demand for adhesives and carpet backing from paper and paperboard industry may surge the market share of polymer emulsion. However, the increasing raw material cost may hamper the market share of polymer emulsion.
The regional analysis of Polymer Emulsion market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific region is expected to significant growth over the forecast period owing to the rising investment from foreign investment in construction sector in emerging economies such as India and China. Increasing disposable income along with the consumer preference for water-based solvent formulations has increased the demand for polymer emulsion in Asia Pacific region. Moreover, stringent government regulations towards the emission of VoC in the environment coupled with the demand for green buildings may surge the market share of polymer emulsions.
Major market player included in this report are:Akzo Nobel N.V.Apcotex Industries Ltd.Asian Paints Ltd.BASF SEBerger Paints India LtdBritish PaintClariantDuPont de Nemours, Inc.Dynamic Specialty Chemicals Ltd.Kansai Nerolac Paints Ltd.Shalimar Paints BSEVisen Industries Ltd.Wacker Chemie AGArofine Polymers
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:AcrylicsPolyurethane (PU) DispersionsStyrene Butadiene (SB) LatexVinyl AcetateOther Polymer Emulsions
By Application:Adhesives & Carpet BackingPaper & Paperboard packagingPaints & CoatingsOther Applications
By Region:North AmericaU.S.CanadaEuropeUKGermanyAsia PacificChinaIndiaJapanLatin AmericaBrazilMexicoRest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017Base year – 2018Forecast period – 2019 to 2026
Target Audience of the Polymer Emulsion Market in Market Study:
Key Consulting Companies & AdvisorsLarge, medium-sized, and small enterprisesVenture capitalistsValue-Added Resellers (VARs)Third-party knowledge providersInvestment bankersInvestors
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